70840 Ironwood Drive, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 4 bath

70840 Ironwood Drive, Rancho Mirage, California 92270 home-pic-0
ACTIVE$1,399,000
70840 Ironwood Drive, Rancho Mirage, California 92270
3Beds
4Baths
2,644Sqft
10,019Lot

Price Vs. Estimate

The estimated value ($597,223.515) is $801,776.485 (57%) lower than the list price ($1,399,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prestigious Location & No HOA: Situated in the desirable Tamarisk neighborhood with convenient access to upscale amenities and the significant advantage of no HOA dues.
Top Cons:
Significant Price Discrepancy: The current list price is considerably higher than the property's estimated value, suggesting a potential overvaluation in the current market.

Compared to the nearby listings

Price:$1.40M vs avg $1.09M (+$309,000)67%
Size:2,644 sqft vs avg 2,895.5 sqft42%
Price/sqft:$529 vs avg $42278%

More Insights

Built in 1989 (36 years old).
Condition: Despite being built in 1989, this property has undergone extensive and very recent renovations. The description highlights a 'recently remodeled kitchen' with 'sleek cabinetry, updated countertops, and high-end finishes,' a 'spa-like ensuite bath,' 'new designer light fixtures throughout,' and a 'sparkling new pool.' The images confirm a modern, high-quality aesthetic with polished concrete flooring, contemporary kitchen appliances, and updated bathrooms featuring large format tiles and modern fixtures. All visible components appear new or virtually new, reflecting current quality standards and suggesting minimal physical depreciation.
Year Built
1989
Close
-
List price
$1.4M
Original List price
$1.48M
Price/Sqft
$529
HOA
-
Days on market
-
Sold On
-
MLS number
219124642DA
Home ConditionExcellent
Features
Excellent View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

Experience elevated living in this beautifully updated home, nestled in the prestigious Tamarisk neighborhood with no HOA dues. Offering breathtaking south-facing mountain views on a spacious .23-acre lot, this home is a serene retreat with luxurious upgrades.Enter through a custom iron gate into a tranquil courtyard and step into a light-filled interior featuring soaring ceilings, clerestory windows, and a modernized 3-sided fireplace that anchors the open living spaces. The recently remodeled kitchen is a chef's dream, showcasing sleek cabinetry, updated countertops, and high-end finishes, complemented by a cozy breakfast nook with sliders to the outdoor living area.The primary suite serves as a private haven with a spa-like ensuite bath, dual sinks, and a walk-in closet. A guest bedroom features its own ensuite bath, while the third bedroom provides flexibility as a home office or additional sleeping space. New designer light fixtures throughout add a contemporary touch.Enjoy the outdoors with a sparkling new pool, a serene water feature, and ample space to create your dream backyard oasis. The expansive side yard offers endless potential for additional living space, a sport court, or other custom enhancements.Ideally located just minutes from Mission Hills Country Club, upscale shopping, fine dining, and premier entertainment, this home blends modern luxury with the timeless beauty of Rancho Mirage's stunning surroundings.

Condition Rating
Excellent

Despite being built in 1989, this property has undergone extensive and very recent renovations. The description highlights a 'recently remodeled kitchen' with 'sleek cabinetry, updated countertops, and high-end finishes,' a 'spa-like ensuite bath,' 'new designer light fixtures throughout,' and a 'sparkling new pool.' The images confirm a modern, high-quality aesthetic with polished concrete flooring, contemporary kitchen appliances, and updated bathrooms featuring large format tiles and modern fixtures. All visible components appear new or virtually new, reflecting current quality standards and suggesting minimal physical depreciation.
Pros & Cons

Pros

Prestigious Location & No HOA: Situated in the desirable Tamarisk neighborhood with convenient access to upscale amenities and the significant advantage of no HOA dues.
Breathtaking South-Facing Mountain Views: Offers stunning, unobstructed south-facing mountain views, a highly sought-after feature in the region.
Extensive Modern Upgrades: The home boasts recent luxurious updates, including a remodeled kitchen with high-end finishes and new designer light fixtures throughout.
New Pool & Outdoor Potential: Features a newly installed pool and serene water feature, complemented by a spacious lot with an expansive side yard offering significant customization potential.
Light-Filled & Open Interior: Characterized by soaring ceilings, clerestory windows, and a modernized 3-sided fireplace, creating bright and open living spaces.

Cons

Significant Price Discrepancy: The current list price is considerably higher than the property's estimated value, suggesting a potential overvaluation in the current market.
Age of Core Systems: While cosmetically updated, the 1989 build year implies that some underlying systems may be original or nearing the end of their lifespan, potentially requiring future capital expenditures.
Unrealized Backyard Potential: The description highlights 'ample space to create your dream backyard oasis' and 'expansive side yard offers endless potential,' indicating that significant further investment may be needed to fully develop the outdoor living areas.

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